Dongbanwi-Semes Join Hands for 3rd Year to Support ESG of Semiconductor Industry Partners

Comprehensive ESG Support for Small and Medium Partners
Incentives Such as Preferential Interest Rates for Outstanding SMEs

The Win-Win Growth Committee announced on the 16th that it has signed a participation agreement with Semes for the '2024 Partner ESG (Environment, Social, Governance) Support Project.'

This agreement was established to create a sustainable supply chain in the semiconductor equipment industry, aiming to improve ESG management awareness among partner SMEs and promote their export-oriented business development. Domestic semiconductor equipment company Semes plans to lead the improvement of ESG practices in the semiconductor industry by contributing to the win-win cooperation fund and providing comprehensive support to small and medium-sized partners. Partner SMEs will receive support such as ESG education and diagnosis, on-site inspections (consulting), evaluation, and ESG information disclosure. Incentives will also be provided to outstanding SMEs.

Through this support project, the Win-Win Growth Committee will issue an 'ESG Excellent SME Certificate' to SMEs evaluated with an ESG compliance rate of 80% or higher. Companies holding this certificate can receive benefits such as preferential interest rates from financial institutions, preferential treatment in overseas expansion support projects, and support for environmental and energy consulting and technical assistance.

Semes has participated in this project for three consecutive years and is preparing to achieve global-level ESG management centered on a dedicated ESG council. Jung Tae-kyung, CEO of Semes, said, "We will continuously support the practice and internalization of ESG management for SMEs," adding, "We plan to strive for win-win growth with our partners by linking support projects such as productivity improvement and smart factory construction."

Park Chi-hyung, Director of Operations at the Win-Win Growth Committee, stated, "As ESG management is being strengthened mainly in advanced countries, the semiconductor industry is especially being required to achieve carbon neutrality both domestically and internationally," and added, "Through this collaboration with Semes, we will actively support the improvement of ESG practices throughout the entire supply chain."

This content was produced with the assistance of AI translation services.